Nasdaq-listed Strive urges MSCI to reconsider excluding major Bitcoin holding companies from indexes, warning passive investors could lose exposure to growth sectors. JPMorgan analysts caution Strategy could lose $2.8 billion if MSCI proceeds. Strategy chair Michael Saylor in talks with index provider. Large Bitcoin holders like Strive CEO Matt Cole believe Bitcoin miners are well-positioned to meet rising demand for AI computing power.

Strive CEO argues exclusion would harm companies offering structured finance linked to Bitcoin returns, like Strategy and Metaplanet. Cole emphasizes importance of Bitcoin structured finance and impact of exclusion on competition with traditional financiers. Exclusion risks penalizing companies relying on Bitcoin for their offerings.

Strive CEO Cole deems a 50% Bitcoin threshold unworkable, citing potential management costs and tracking errors. Difficulty in measuring digital asset exposure accurately raises concerns. Strive suggests MSCI create separate index versions to accommodate asset owners’ preferences. Trump Media avoided exclusion due to exposure through derivatives and ETFs.

Read more at Cointelegraph: Strive Urges MSCI To Rethink Bitcoin Company Exclusion